North Industries Group Red Arrow Falls top H1 Loss, Revenue Rises 17%

MT Newswires Live
Aug 22

North Industries Group Red Arrow (SHE:000519) fell to first-half attributable net loss of 40.7 million yuan, compared with profit of 44.6 million yuan the previous year.

Loss per share stood at 0.0292 yuan, versus earnings per share of 0.0320 yuan, according to a Friday filing with the Shenzhen bourse.

The defense products manufacturer's operating revenue rose 17% year over year to 2.19 billion yuan from 1.87 billion yuan.

Shares of the company declined 1% in recent trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10